Memorandum

Subject: Exploration of the financial industry

Introduction:

This report focuses on the exploration of the financial industry. This memorandum aims to determine the most suitable career path and explore in depth information in respect to that specific career in the US overall.

Results:

My major focus was to differentiate the career of a financial analyst and personal and personal financial advisors, my methodology consisted of thorough online research through different website regarding more general aspects.

1. What is the difference between a financial analyst and a personal financial advisor?

Financial analyst and personal financial advisors are very similar and usually have very minor differences. Personal financial advisor help individuals develop plans that will ensure their present and future financial stability. They review client’s financial goals and general appropriate plan for saving and investing that fits the client’s individual needs. On the other hand, financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments. (investopedia.com, 2014)

2. What career paths can you consider?

The finance industry is multifaceted is varied, offering a multifaceted of positions catering to number of different skills and interests. Here are some common career paths in the financial-services industry:

Corporate Finance: where your jobs will involve working for a company in the capacity of finding and managing the capital necessary to run the enterprise. Corporate finance positions include financial analysts, treasurers and internal auditors.

Commercial banking: offer a range of financial services, from checking and savings accounts to IRAs and loans. Career options available in this sector include bank teller, loan officers, operations, and marketing and branch managers. (investopedia.com, 2014)

3. Is it the right direction for you?...